The Globe and Mail reports in its Friday, Nov. 7, edition that TD Cowen analyst Sam Damiani continues to rate Dream Industrial REIT "sector outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Damiani gave his unit target a 50-cent boost to $14. Analysts on average target the units at $13.98. Mr. Damiani says in a note: "The integration of the Right Choice acquisition and expansion efforts, particularly in the U.S. through the PVC partnership, remain key strategic priorities. Management expects Right Choice's integration to be fully completed by Q1/26, creating opportunities to reallocate equipment and maintain flexibility for potential Nation Building initiatives and other strategic programs while the ongoing optimization of assets in the Montney/Duverney area is underway, consolidating sites (notably those that share the same customers) to raise camp utilization in the area while freeing up spare assets for redeployment." The Globe reported on Oct. 7 that Desjardins Securities analyst Kyle Stanley had reaffirmed his "buy" recommendation for Dream Industrial. The units could then be had for $12.52.
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